The Stephens Group announced it has completed a significant strategic investment in VisionSafe designed to accelerate the business’ growth. This funding highlights Stephens Group’s interest in supporting businesses providing highly engineered, mission-critical systems and components for aerospace and defense applications.
Launched 34 years ago by Bertil Werjefelt, Kaneohe-based VisionSafe is an industry leader in providing proprietary cockpit smoke displacement systems. VisionSafe designs, develops and manufactures cockpit smoke displacement systems and provides the maintenance, inspection, and service for its products. VisionSafe has a robust set of supplemental-type certificates that cover over 120 aircraft models.
VisionSafe will focus on supporting the company’s research and development, platform certification, and sales and marketing efforts, all while seeking accretive add-on acquisitions.
Alderman & Company served as the exclusive financial advisor to VisionSafe for the transaction.
KEY QUOTES:
“At VisionSafe, our mission is to develop innovative, market-leading products that protect in case of a cockpit smoke event. We are excited to work with the Stephens Group and leverage their experience and commitment to the aerospace and defense market. This strategic investment will allow us to expand research and development, and customer support, and thereby accelerate the achievement of our strategic vision.”
– MaryAnn Omerod, Chief Operating Officer of VisionSafe
“We’re thrilled to work with the VisionSafe team and the Werjefelt family on this growth catalyzing investment. As a safety first organization, VisionSafe has developed an exceptional reputation in the cockpit smoke displacement market. VisionSafe’s relentless focus on safety, innovation and customer support, has led them to become a leader in the space, with units installed on thousands of business, cargo, and passenger aircraft. We’re excited by the growth prospects for the business, and are eager to support VisionSafe as we execute on organic and inorganic opportunities.”
– Jack Nadal, Managing Director at The Stephens Group
